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Gray Television

159 hedge funds and large institutions have $712M invested in Gray Television in 2015 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 54 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more call options, than puts

Call options by funds: $4.86M | Put options by funds: $2.32M

20% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 54

17% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 24

3% more funds holding

Funds holding: 155159 (+4)

1.81% more ownership

Funds ownership: 83.54%85.36% (+1.8%)

17% less capital invested

Capital invested by funds: $863M → $712M (-$151M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
159
Holders Change
+4
Holders Change %
+2.58%
% of All Funds
4.44%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.11%
New
28
Increased
65
Reduced
54
Closed
24
Calls
$4.86M
Puts
$2.32M
Net Calls
+$2.54M
Net Calls Change
+$2.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$101M +$6.01M +422,800 +6%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$71.6M +$9.26M +651,999 +13%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$44M +$16.3M +1,149,600 +50%
NM
4
Nokota Management
New York
$36.5M -$5.09M -357,913 -11%
Vanguard Group
5
Vanguard Group
Pennsylvania
$32.9M +$7.99M +562,425 +28%
SFM
6
Systematic Financial Management
New Jersey
$25.3M +$5.7M +401,485 +25%
WCA
7
Whetstone Capital Advisors
Kansas
$23.5M +$5.81M +408,807 +29%
BIT
8
BlackRock Institutional Trust
California
$20M +$2.06M +145,080 +10%
BFA
9
BlackRock Fund Advisors
California
$19.1M -$206K -14,508 -1%
Citadel Advisors
10
Citadel Advisors
Florida
$18.5M +$8.4M +590,876 +69%
NI
11
Numeric Investors
Massachusetts
$17.6M +$9.97M +701,783 +104%
Victory Capital Management
12
Victory Capital Management
Texas
$17.3M +$17.9M +1,261,977 +1,361%
PCM
13
Penn Capital Management
Pennsylvania
$16M -$2.8M -196,731 -14%
State Street
14
State Street
Massachusetts
$15.2M +$742K +52,189 +5%
New York State Common Retirement Fund
15
New York State Common Retirement Fund
New York
$15M +$2.82M +198,753 +20%
CCI
16
Columbus Circle Investors
$14.2M +$3.65M +257,123 +30%
ICM
17
Ionic Capital Management
New York
$11.2M +$4.17M +293,333 +50%
Millennium Management
18
Millennium Management
New York
$10.9M +$4.31M +303,278 +55%
SPC
19
Silver Point Capital
Connecticut
$10M -$15.1M -1,065,000 -58%
Northern Trust
20
Northern Trust
Illinois
$10M +$1.75M +122,892 +19%
HW
21
Hancock Whitney
Mississippi
$9.72M -$1.91M -134,677 -15%
Adage Capital Partners
22
Adage Capital Partners
Massachusetts
$8.15M +$1.97M +138,663 +28%
GI
23
GAMCO Investors
Connecticut
$7.74M -$1.58M -111,099 -15%
JP Morgan Chase
24
JP Morgan Chase
New York
$7.38M +$4.54M +319,462 +123%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$6.65M +$2.6M +183,137 +54%

GTN Hedge Fund Activity: Q3 2015 in Review

159 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Gray Television (GTN) for Q3 2015, worth a combined $712M — down 17% from $863M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new GTN positions and 24 closed out — a net gain of 4 holders — while 65 added to existing stakes and 54 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $17.9M. The largest seller was Glenhill Advisors, cutting an estimated $34.2M.

  • 159 institutional investors held Gray Television (GTN) as of Q3 2015, up from 155 in Q2 2015.
  • Funds reported $712M of Gray Television stock for Q3 2015, down 17% quarter-over-quarter.
  • 28 funds opened new Gray Television positions in Q3 2015 and 24 closed out, a net change of +4 holders.
  • The largest Gray Television buyer in Q3 2015 was Victory Capital Management, an estimated $17.9M added.
  • The largest Gray Television seller in Q3 2015 was Glenhill Advisors, an estimated $34.2M sold.

Based on aggregated 13F filings for Q3 2015.